Actuarial Analyst at Netcare

The Actuarial Analyst will be responsible for assisting the analyst team in data analysis and statistical reporting to the business.
The incumbent will further be responsible to deliver business intelligence across a wide range of areas.


Key Work Output and Accountabilities

Actuarial Analysis ​


Understand the impact of hospital pricing and tariffs with the specific aim of developing Alternative Reimbursement Methods (ARM).
Develop and produce reports to monitor the effectiveness of these ARM.
Understand the key risks faced by the business due to hospital event costs and develop reports to track and manage the risks.
Report on profitability analysis by medical scheme and ARM type contract.
Report on revenue mix and understanding causes of variance.
Analyse hospital events and report on usage of consumables and drivers of cost by hospital and other variables.
Provide advice and input on product development, partnerships, funder negotiations and hospital event cost analysis.
Provide ad hoc reporting and analysis in terms of management requirements.


Stakeholder relationships


Work effectively and co-operatively with others to establish and maintain good working relationships that are mutually beneficial.
Create and maintain a positive environment where the differences of others are recognized, understood, and valued, so that all can reach their full potential and maximize their contributions.
Develop collaborative relationships to help accomplish work goal.


Inherent Requirements


A Tertiary Commercial Qualification at NQF level 7.
BSC Actuarial Science, Mathematics or Statistics.


Work Experience


A minimum of 3 years relevant Healthcare experience.
Strong analytical and problem-solving skills.
Ability to identify trends in a logical, systemic way.
Good communication skills.
A team player who can work alone when required and without supervision.
Proven experience in successfully managing multiple projects.
Ability to work under pressure and at fast pace.
Ability to understand the urgency of various tasks, with ability to prioritise.
High level of attention to detail, resilience, enthusiasm, and drive.
Ethical and able to maintain confidentiality.


Knowledge


Advanced computer proficiency (MS Office).
Advance knowledge of spreadsheets, databases, statistical analysis programs
SQL experience.
Knowledge of business intelligence tools.
Oral and written communication skills when preparing reports and giving presentations.
Self-starter.